20FStatus of statutory SOCs

#### 20F Status of statutory SOCs 20F Status of statutory SOCs > A statutory SOC or any of its subsidiaries— > > > (a) is not and does not represent the State except by express agreement with the voting shareholders of the SOC, and > > > (b) is not exempt from any rate, tax, duty or other impost imposed by or under any law of the State merely because it is a SOC, and > > > (c) cannot render the State liable for any debts, liabilities or obligations of the SOC or any of its subsidiaries, > > unless this or any other Act otherwise expressly provides. > > **s 20F:** Ins 1995 No 32, Sch 1 \[13\].